The FINANCIAL — comScore, Inc. on November 5 announced financial results for the third quarter 2015.
Third Quarter 2015
comScore achieved record third quarter GAAP revenue of $92.4 million, an increase of 13% compared to the third quarter of 2014. GAAP income before income taxes was $0.9 million. GAAP net income was $1.0 million, or $0.02 per basic and diluted share.
Third quarter 2015 results and metrics compared to third quarter 2014 on a proforma basis* were as follows:
Revenue of $92.4 million, up 14%.
Adjusted EBITDA of $23.4 million, up 16%.
Adjusted EBITDA margin was 25% of revenue, up 50 basis points.
Year to date 2015 results and metrics compared to the nine months ended September 30, 2014 on a proforma basis were as follows:
Revenue of $270.7 million, up 15%.
Adjusted EBITDA of $67.6 million, up 23%.
Adjusted EBITDA margin was 25% of revenue, up 200 basis points.
“I’m very pleased to announce that comScore delivered a solid quarter of record revenues, strong profitability and net income from operations.” said Serge Matta, President and Chief Executive Officer of comScore. “We continue to see momentum in our advertising solutions, including vCE and new partnerships to bring comScore Bid Ratings to programmatic platforms. We’re incredibly focused on innovation and execution for cross-platform measurement, introducing our new Total Home PanelTM, and working through the details of our planned merger with Rentrak.”
“In addition, we are announcing today that Adobe is acquiring our enterprise analytics technology, Digital Analytix. This divesture improves our competitive position, allowing complete focus on our mission to make audiences and advertising more valuable across all the screens that matter.”
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